2025-11-14T17:00:13-06:00 2024-12-31 631035228 JACKSON THORNTON & CO PC PO BOX 96 MONTGOMERY AL 361010096 990 2024-01-01 821794757 THE CHELCO FOUNDATION INC CHEL 8508922111 PO BOX 512 DEFUNIAK SPRINGS FL 324350512 STEPHEN RHODES DIRECTOR 8508922111 2025-11-13 1 1 CHRISTINE K COOK P00537690 3348347660 2025-11-11 2024 2025-03-06 01:10:19Z STEPHEN RHODES PO BOX 512 DEFUNIAK SPRINGS FL 324350512 101167 0 X N/A X 2018 FL THE ORGANIZATION WAS ESTABLISHED BY THE BOARD OF TRUSTEES OF CHOCTAWHATCHEE ELECTRIC COOPERATIVE, INC. (CHELCO) TO SERVE AS A PHHILANTHROPIC AGENCY TO ASSIST INDIVIDUALS AND ORGANIZATIONS IN THE LOCAL COMMUNITY AS WELL AS ACROSS THE NATION AND THROUGHOUT THE WORLD. DONATIONS MADE TO THE FOUNDATION ARE MADE VOLUNTARILY BY EMPLOYEES AND OTHERS WHO WISH TO SUPPORT CHELCO'S COMMUNITY OUTREACH, WHICH INCLUDES ITEMS LIKE SCHOLARSHIPS AND GRANTS FOR CHARITABLE ORGANIZATIONS. 4 4 0 0 0 0 1151712 14631 0 0 42360 81012 13080 -10 1207152 95633 11635 107909 0 0 0 0 0 0 0 12232 10022 23867 117931 1183285 -22298 1971646 1976258 0 0 1971646 1976258 X THE ORGANIZATION WAS ESTABLISHED BY THE BOARD OF TRUSTEES OF CHOCTAWHATCHEE ELECTRIC COOPERATIVE, INC. (CHELCO) TO SERVE AS A PHHILANTHROPIC AGENCY TO ASSIST INDIVIDUALS AND ORGANIZATIONS IN THE LOCAL COMMUNITY AS WELL AS ACROSS THE NATION AND THROUGHOUT THE WORLD. DONATIONS MADE TO THE FOUNDATION ARE MADE VOLUNTARILY BY EMPLOYEES AND OTHERS WHO WISH TO SUPPORT CHELCO'S COMMUNITY OUTREACH, WHICH INCLUDES ITEMS LIKE SCHOLARSHIPS AND GRANTS FOR CHARITABLE ORGANIZATIONS. 0 0 94500 90000 MURIAL DREBING PROGRAM - BENEFITING VARIOUS ORGANIZATIONS IN THE SURROUNDING AREAS. THE CHELCO FOUNDATION DONATES FUNDS TO THE UNITED WAY, AND THE UNITED WAY USES THEIR SELECTION CRITERIA TO DETERMINE THE RECIPIENTS. 16409 16409 INITIATIVES DESIGNED TO BENEFIT LOCAL CHARITABLE ORGANIZATIONS, INCLUDING AMERICAN CANCER SOCIETY, AMERICAN HEART ASSOCIATION, EMERALD COAST AUTISM CENTER, AND MATRIX COMMUNITY CHRISTMAS PROGRAM, REFLECTING THE FOUNDATION'S COMMITMENT TO COMMUNITY SERVICE AND SOCIAL RESPONSIBILITY. 1500 1500 PROGRAMS SPECIFICALLY DESIGNED TO SUPPORT CHELCO EMPLOYEES AND THEIR FAMILIES, INCLUDING COLLEGE SCHOLARSHIPS AND OTHER ASSISTANCE AS NEEDED. 112409 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 8508922111 655 US 331 N DEFUNIAK SPRINGS FL 32433 X GERALD EDMONDSON PRESIDENT COMP IS NOT PAID BY THE FOUNDATION 1.00 8.10 X X 0 19110 0 BRADY BEARDEN VICE-PRESIDENT COMP IS NOT PAID BY THE FOUNDATION 1.00 4.90 X X 0 24010 0 GAYLE HUGHES SECRETARYTREASURER COMP IS NOT PAID BY THE FOUNDATION 1.00 3.80 X X 0 19110 0 STEPHEN RHODES DIRECTOR COMP IS NOT PAID BY THE FOUNDATION 1.00 55.00 X 0 497605 354029 ROBIN SHAW DIRECTOR COMP IS NOT PAID BY THE FOUNDATION 1.00 50.00 X 0 197867 45193 0 757702 399222 0 0 1 0 0 9000 5631 14631 65188 65188 15824 0 15824 15824 15824 5524 9000 5534 -10 -10 95633 0 0 81002 106409 106409 1500 1500 270 270 5000 5000 176 176 4500 4500 76 76 117931 112409 5522 0 173777 277311 1118787 0 669695 1698947 9387 0 1971646 1976258 0 0 X 0 0 0 0 1971646 1976258 1971646 1976258 1971646 1976258 -22298 26910 0 X 0 1 X 1 0 X 721532 1161513 14631 1897676 721532 1161513 14631 1897676 1897676 2762 42360 65188 110310 2007986 0.94510 0.97660 X 0 MORGAN STANLEY 629592 F HOMESTEAD 1069355 F 1698947 0 UNITED WAY 112 TUPELO AVE SE FORT WALTON FL 32548 590972293 501(C)(3) 90000 0 TO PROVIDE ASSISTANCE TO VARIOUS ORGANIZATIONS: THE FOUNDATION DONATES TO UNITED WAY, AND UNITED WAY USES THEIR SELECTION CRITERIA TO SELECT GRANT RECIPIENTS. 1 0 0 0 0 0 0 0 0 0 STEPHEN RHODES DIRECTOR COMP IS NOT PAID BY THE FOUNDATION 0 455067 0 687 0 41851 0 339318 0 14711 0 851634 0 0 ROBIN SHAW DIRECTOR COMP IS NOT PAID BY THE FOUNDATION 0 182633 0 2035 0 13199 0 30482 0 14711 0 243060 0 0 FORM 990, PART VI, SECTION A, LINE 2 STEPHEN RHODES, WHO SERVES ON THE FOUNDATION'S BOARD OF TRUSTEES, IS CEO AT CHELCO. ROBIN SHAW, WHO SERVES ON THE FOUNDATION'S BOARD OF TRUSTEES, IS VP OF FINANCE AT CHELCO. ALL OTHER BOARD MEMBERS, GERALD EDMONDSON, BRADY BEARDEN, AND GAYLE HUGHES, ALSO SERVE AS BOARD OF TRUSTEE MEMBERS AT CHELCO. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE TAX RETURN AT A REGULAR MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S RELATED PARTY, CHELCO, HAS ESTABLISHED SEVERAL INTERNAL POLICIES (WRITTEN) INCLUDING CONFLICT OF INTEREST POLICY. ALL OF THE EMPLOYEES AND TRUSTEES AT CHELCO AND THE FOUNDATION ARE REQUIRED TO FOLLOW THE POLICIES. THE POLICIES ARE ACCESSIBLE IN POLICY TECH (AN ONLINE PORTAL) AND SET TO BE REVIEWED AND UPDATED PERIODICALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A THE COMPENSATION REPORTED ON THIS SCHEDULE WAS PAID BY THE ORGANIZATION'S RELATED PARTY THE CHOCTAWHATCHEE ELECTRIC COOPERATIVE, INC. CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC PO BOX 512 DEFUNIAK SPRINGS FL 324350512 590192831 ELECTRIC COOPERATIVE PROVIDING ELECTRICITY TO MEMBERS. FL 501(C)(12) 0 SOUTHLAND UTILITY SERVICES INC 555 US HWY 331 N DEFUNIAK SPRINGS FL 32433 593508830 PROVIDES UNDERGROUND INSTALLATION AND RIGHT OF WAY CLEARING SERVICES. FL CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC C 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0